22.37 0.00 (0.00%)
After hours: 4:35PM EDT
|Bid||20.00 x 800|
|Ask||22.84 x 800|
|Day's Range||22.24 - 22.57|
|52 Week Range||15.78 - 23.94|
|PE Ratio (TTM)||15.98|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.80 (7.94%)|
|1y Target Est||21.86|
Sabra Health Care (SBRA) to use proceeds from sale of nine Genesis Healthcare facilities, and another project leased to Signature Healthcare to reduce balance under its revolving credit facility.
On Monday, July 09, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following REIT - Healthcare Facilities equities this morning: Sabra Health Care REIT Inc. (NASDAQ: SBRA), Senior Housing Properties Trust (NASDAQ: SNH), The GEO Group Inc. (NYSE: GEO), and Ventas Inc. (NYSE: VTR).
Sabra Health Care REIT, Inc. (SBRA) announced today that on June 29, 2018, it completed the previously announced sale of nine facilities (seven skilled nursing facilities, one senior housing community and one continuing care retirement community) leased to Genesis Healthcare, Inc. (“Genesis”) for $81.4 million. Under the terms of Sabra’s memoranda of understanding with Genesis, Genesis’s annual rent obligations to Sabra were reduced by $7.4 million as a result of the sale of these facilities. Also, on July 2, 2018, Sabra sold a skilled nursing facility leased to Signature HealthCARE (“Signature”) for $7.0 million.
Each June, the National Association of Real Estate Investment Trusts (NAREIT) hosts a conference that brings all of the key players in the sector together. For REIT investors, it’s the equivalent of the Super Bowl and it offers a window into who’s poised to perform well in the second half of the year and beyond.Source: Shutterstock
IRVINE, Calif., June 26, 2018-- Sabra Health Care REIT, Inc. announced today that Rick Matros, the company’ s Chairman and Chief Executive Officer, Harold Andrews, the company’ s Chief Financial Officer, ...
Investing solely for income, and finding the best dividend stocks, can be tricky. High dividend yields sound attractive on the surface, but almost always come with sharply higher risks. The largest risk is that the very same dividend will be cut.
IRVINE, Calif., June 15, 2018-- Sabra Health Care REIT, Inc. announced today that Harold Andrews, the company’ s Chief Financial Officer will be participating in the JMP Securities Boston Real Estate Forum ...
WallStEquities.com has selected the following Healthcare Facilities REITs for observation this morning: Quality Care Properties Inc. (NYSE: QCP), Sabra Health Care REIT Inc. (NASDAQ: SBRA), Senior Housing Properties Trust (NASDAQ: SNH), and Ventas Inc. (NYSE: VTR). Health care REITs' property types include senior living facilities, hospitals, medical office buildings, and skilled nursing facilities.
Also, on May 31, 2018, Sabra sold eight skilled nursing facilities located in Indiana and acquired in the Care Capital Properties, Inc. (“CCP”) merger for $40.0 million. Annual rent obligations from this tenant were reduced by $4.4 million as a result of the sale of these facilities.
The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. Currently, One LibertyRead More...
NEW YORK, May 30, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Dorchester ...
Health care real estate investment trusts have underperformed the broader REIT sector year-to-date. While Raymond James continuesto have an Underweight sector recommendation, the firm recommends select ...
IRVINE, Calif., May 14, 2018-- Sabra Health Care REIT, Inc. announced today that Rick Matros, the company’ s Chairman and Chief Executive Officer, Harold Andrews, the company’ s Chief Financial Officer, ...
Investors who want to cash in on Sabra Health Care REIT Inc’s (NASDAQ:SBRA) upcoming dividend of $0.45 per share have only 3 days left to buy the shares before itsRead More...
IRVINE, Calif. (AP) _ Sabra Healthcare REIT Inc. (SBRA) on Wednesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The Irvine, California-based real estate investment trust said it had funds from operations of $111.6 million, or 63 cents per share, in the period.
IRVINE, Calif., May 09, 2018-- Sabra Health Care REIT, Inc. today announced results of operations for the first quarter of 2018.. For the first quarter of 2018, net income attributable to common stockholders, ...
Signature Healthcare has come to terms with two of its landlords and avoided bankruptcy court.
Sabra Heath Care REIT, Inc. (SBRA) (SBRAP) (“Sabra”, “we” or the “Company”) announced today that it has entered into definitive agreements to restructure the Company’s master leases with its tenant, Signature HealthCARE (“Signature”), including the provision to Signature of working capital in the form of a term loan.
Sabra Health Care REIT, Inc. (SBRA) (SBRAP) (the “Company”) announced today that it will redeem all 5,750,000 outstanding shares of its 7.125% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) (CUSIP:78573L205) on June 1, 2018 (the “Redemption Date”). The shares of Series A Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the Redemption Date, without interest, in the amount of $0.4453125 per share of Series A Preferred Stock, for a total redemption price per share of Series A Preferred Stock equal to $25.4453125 (the “Redemption Price”).
IRVINE, Calif., April 25, 2018-- Sabra Health Care REIT, Inc. announced today that it will issue its 2018 first quarter earnings release on May 9, 2018.. A conference call with a simultaneous webcast to ...
Short interest is moderate for SBRA with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 5. Over the last one-month, outflows of investor capital in ETFs holding SBRA totaled $2.38 billion.